825 City Ave S - Fast Food FOR SALE


Ripley, MS 38663
$1,000,000 USD
248-702-0288
825 City Ave S, Ripley, MS for Sale
$1,000,000 USD
Fast Food - FOR SALE
1/1
null | 7% Cap Rate

825 City Ave S
Ripley, MS 38663


HIGHLIGHTS

  • Proven Operator with Over 30 Year of Experience in the Industry.
  • Excellent Visibility with Frontage and Signage Along City Ave S Which Has daily traffic counts exceeding 13,000 vehicles.
  • Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window.
  • Checkers and Rally's Operate Over 820 Locations in 28 States.
  • Situated Directly Across from Walmart and Surrounded by National Retailers Including Burger King, CVS, KFC, McDonald's, Taco Bell, Sonic and Subway.

OVERVIEW

Absolute NNN Lease | Zero Landlord Responsibilities. 25-Year Sale Leaseback Commencing at Close of Escrow. Brand New Site Equipped with Outdoor Patio.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$1,076 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Checkers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,231 SF

ZONING

-

APN/PARCEL ID

3-643L-23-175.02

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.